Nuveen New York Divadv Fund 2 (NXK) 13.19 $NXK
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Fri Aug 01, 3:47PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 74 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds' monthly distributions are listed below. Please note that the monthly distribution amounts for NAC and NKX payable September 2nd were previously announced on July 1st.
Two Nuveen Closed-End Funds Announce Optional Redemption Price on MuniFund Term Preferred Shares
Business Wire - Wed Jun 04, 3:30PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by two municipal bond closed-end funds. As previously announced, the funds will redeem all of their outstanding MTP shares on June 13, 2014. The optional redemption price includes the liquidation preference of $10.00 per MTP share plus an additional amount equal to all unpaid dividends and distributions accumulated to (but excluding) the optional redemption date of June 13, 2014.
Two Nuveen Municipal Bond Closed-End Funds Complete Preferred Share Issuances
Business Wire - Tue Jun 03, 3:30PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that two funds have issued Variable Rate MuniFund Term Preferred Shares (VMTP) through private placements with qualified institutional buyers, as defined pursuant to Rule 144A under the Securities Act of 1933 (the Securities Act). The proceeds of the preferred issuances for the funds will be used to redeem all of each Fund's outstanding MuniFund Term Preferred (MTP) shares as previously announced.
Several Nuveen Closed-End Funds Have Certain Long-Term Preferred Share Ratings Withdrawn
Business Wire - Fri Mar 07, 4:07PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that at the request of the fund's investment adviser, Standard & Poor's (S&P) withdrew its long-term ratings from all series of Variable Rate Demand Preferred (VRDP) and MuniTerm Preferred (MTP) shares issued by 27 Nuveen municipal bond closed-end funds. Fitch and Moody's will continue to provide both long-term and short-term ratings for each of the funds.
CORRECTING and REPLACING Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Tue Feb 04, 4:20PM CST
In the release dated February 3, 2014, the distribution information for NVY PrC and NXM PrC has been removed and will be replaced in connection with a reorganization that will be effective prior to the open of business on February 10, 2014. The remaining distribution information remains unchanged.
Three of Nuveen's closed-end funds' board approves merger
M2 - Wed Aug 07, 3:15AM CDT
A provider of investment services Nuveen Investments disclosed on Tuesday that the boards of trustees of the Nuveen New York Dividend Advantage Municipal Fund (NYSE:NAN), Nuveen New York Performance Plus Municipal Fund Inc (NYSE:NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NYSE MKT:NXK), approved a merger.
Nuveen Closed-End Funds' Board Approves Fund Mergers
Business Wire - Tue Aug 06, 4:00PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the Board of Trustees of the Nuveen New York Dividend Advantage Municipal Fund (NYSE: NAN), Nuveen New York Performance Plus Municipal Fund, Inc. (NYSE: NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NYSE MKT: NXK) approved a merger. The merger is subject to customary conditions, including shareholder approval at annual shareholder meetings in early 2014. The merger is intended to create a larger fund with lower operating expenses and increased trading volume on the exchange for its common shares.
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Fri Aug 01, 3:47PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 74 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds' monthly distributions are listed below. Please note that the monthly distribution amounts for NAC and NKX payable September 2nd were previously announced on July 1st.
Two Nuveen Closed-End Funds Announce Optional Redemption Price on MuniFund Term Preferred Shares
Business Wire - Wed Jun 04, 3:30PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by two municipal bond closed-end funds. As previously announced, the funds will redeem all of their outstanding MTP shares on June 13, 2014. The optional redemption price includes the liquidation preference of $10.00 per MTP share plus an additional amount equal to all unpaid dividends and distributions accumulated to (but excluding) the optional redemption date of June 13, 2014.
Two Nuveen Municipal Bond Closed-End Funds Complete Preferred Share Issuances
Business Wire - Tue Jun 03, 3:30PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that two funds have issued Variable Rate MuniFund Term Preferred Shares (VMTP) through private placements with qualified institutional buyers, as defined pursuant to Rule 144A under the Securities Act of 1933 (the Securities Act). The proceeds of the preferred issuances for the funds will be used to redeem all of each Fund's outstanding MuniFund Term Preferred (MTP) shares as previously announced.
Several Nuveen Closed-End Funds Have Certain Long-Term Preferred Share Ratings Withdrawn
Business Wire - Fri Mar 07, 4:07PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that at the request of the fund's investment adviser, Standard & Poor's (S&P) withdrew its long-term ratings from all series of Variable Rate Demand Preferred (VRDP) and MuniTerm Preferred (MTP) shares issued by 27 Nuveen municipal bond closed-end funds. Fitch and Moody's will continue to provide both long-term and short-term ratings for each of the funds.
CORRECTING and REPLACING Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Tue Feb 04, 4:20PM CST
In the release dated February 3, 2014, the distribution information for NVY PrC and NXM PrC has been removed and will be replaced in connection with a reorganization that will be effective prior to the open of business on February 10, 2014. The remaining distribution information remains unchanged.
Three of Nuveen's closed-end funds' board approves merger
M2 - Wed Aug 07, 3:15AM CDT
A provider of investment services Nuveen Investments disclosed on Tuesday that the boards of trustees of the Nuveen New York Dividend Advantage Municipal Fund (NYSE:NAN), Nuveen New York Performance Plus Municipal Fund Inc (NYSE:NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NYSE MKT:NXK), approved a merger.
Nuveen Closed-End Funds' Board Approves Fund Mergers
Business Wire - Tue Aug 06, 4:00PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the Board of Trustees of the Nuveen New York Dividend Advantage Municipal Fund (NYSE: NAN), Nuveen New York Performance Plus Municipal Fund, Inc. (NYSE: NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NYSE MKT: NXK) approved a merger. The merger is subject to customary conditions, including shareholder approval at annual shareholder meetings in early 2014. The merger is intended to create a larger fund with lower operating expenses and increased trading volume on the exchange for its common shares.
